SeaTab scores $3.5 million

SeaTab Software, whose business intelligence software is used by companies such as REI, CarToys and Zones, has raised $3.5 million from Trident Capital. The money will be used to expand sales and marketing and to purchase shares held by Novell, an early investor in the Bellevue startup.

SeaTab is led by David Weld, a veteran of the Seattle startup scene who previously served as a top executive at MessageGate, Loudeye and Alive.com. At Microsoft, Weld served as director of The Microsoft Network and helped launch Slate magazine.

As a result of the investment, Evangelos Simoudis of Trident Capital will join the company’s board.